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LLC Membership Interest Purchase Agreement
Federal & State Law Editorial TeamLast reviewed: April 2026
Agreement for the purchase and sale of membership interests in an LLC, transferring ownership from one member to another party.
PDF TemplateUse the instructions below to complete this form
Instructions
Identify the seller and buyer. Describe the membership interest being sold (percentage, units, capital account balance). State the purchase price and payment terms. Include representations and warranties from the seller regarding ownership and authority. Confirm the Operating Agreement permits the transfer. Amend the Operating Agreement and membership records after closing.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.